The International Supply Chain (ISC) business will be demerged into a separate entity, Allcargo ECU Limited and will include the India part of International Supply Chain business along with the international subsidiaries and Contract Logistics business would come under Allcargo Logistics.
In Q2FY24, Allcargo Logistics reported a revenue of Rs 3,307 crore, a 35 percent decline from Q2FY23. EBITDA for the same period also fell 68 percent to Rs 118 crore.
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